Option selling cover order margin

Hello,

Do you provide cover order for option selling (Intraday)? if so max how much,For example if sell1 lot of nifty 8450 call option at Rs.168,so how much margin is required as cover order,

please help me with answer

http://zerodha.com/z-connect/tradezerodha/zerodha-trader-software-version/cover-orders-for-higher-leverage

This link says

For option buying (only Nifty and Banknifty), you get 140% leverage that means to buy an option at Rs 100 you need only Rs 70. Maximum SL is 20% from your buying price.

For option selling, calculate the margins from here

https://zerodha.com/margin-calculator/BracketCover/

For combined option strategies (both F&O)

check margin values here

https://zerodha.com/margin-calculator/SPAN/